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With Reforms On The Horizon, OZ Players Optimistic About The Program's Future
News

With Reforms On The Horizon, OZ Players Optimistic About The Program's Future

... than $10B in equity before March 13, the day President Donald Trump declared a national emergency due to the coronavirus. Four months ...

Jan 31, 2021
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Group's Bid For Historic Black Neighborhood Site Falls Through
News

Group's Bid For Historic Black Neighborhood Site Falls Through

... pushback were varied and included allegations of ties to President Donald Trump and Kushner Cos. Jared Kushner that CIM refuted, but the ...

Dec 18, 2020
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Rendering of Griffin Capital and Legacy Partners opportunity zone multifamily project
News

Developers Love The OZ Program. But Are They Delivering On Its Social Mission?

... distressed areas in order to qualify.  Hailed by President Donald Trump as a panacea for distressed communities when the legislation ... COVID-19 pandemic."  It has been touted by the Trump administration and business community proponents as a streamlined way ...

Jul 15, 2020
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restaurant closed
News

PPP Revision Lets Businesses Spend Less On Payrolls, More On Rent

In its original form, the PPP required recipients of federally overseen loans (which later might be forgiven) to spend 75% of the proceeds on payrolls and only 25% on everything else. Business groups argued that 25% wasn't enough for other eligible ...

Jun 07, 2020
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Hope on Alvarado, an 84-unit modular housing project for LA's chronically homeless, at 166 South Alvarado St. in Los Angeles.
News

Creating Hope: New Modular Project Aims To House LA's Chronically Homeless

... announcement for the modular project comes a week after President Donald Trump lambasted California and local Los Angeles and San Francisco ... year over year. Many CRE professionals pushed back against the Trump's claims this week, saying that there is not ...

Sep 25, 2019
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Hotbed Entertainment Group Co-founder Todd Perlmutter
News

Former Blue Man Group Member Launches Opportunity Zone Fund

... estate." The opportunity zone program passed as part of President Donald Trump's Tax Cuts and Jobs Act 2017 is a program ...

Sep 15, 2019
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Sonnenblick Development Chairman Bob Sonnenblick
News

Beyond The Bio: 16 Questions With Sonnenblick Development Chairman Bob Sonnenblick

... his class that his interest in commercial real estate arose. “Donald Trump Sr. walked into our class and started telling us about ...

Aug 26, 2019
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Trade War And Tariffs Already Causing Serious Delays, Cost Overruns At Ports
News

Trade War And Tariffs Already Causing Serious Delays, Cost Overruns At Ports

President Donald Trump's trade war with China ... , are suffering cascading effects from the tariffs Trump imposed on China and China's retaliations, ... Much of the distribution and warehousing industry anticipated Trump raising tariffs on $200B worth of Chinese ...

Jun 10, 2019
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Rendering of California's bullet train
News

Readers Weigh In On California's High-Speed Rail News

... thoughts on California's high-speed rail project and President Donald Trump's call to pull federal dollars on the costly bullet ... and later perhaps Sacramento to San Diego. On Twitter, Trump wrote the project is filled with cost overruns, that California ...

Feb 25, 2019
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Rendering of California's high speed rail
News

Stopped In Its Tracks: Trump Administration To Cancel $1B For California’s Bullet Train

... , with no hope of completion, seems in charge! — Donald J. Trump (@realDonaldTrump) February 19, 2019   The failed Fast Train ... more expensive than the desperately needed Wall! — Donald J. Trump (@realDonaldTrump) February 19, 2019 Gov. Gavin Newsom called ...

Feb 20, 2019
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